China Chengtong Development Group Ltd. provided earnings guidance for the year ended December 31, 2013. For the year, the company expected to record a considerable decrease in consolidated profit for the year ended 31 December 2013 as compared with the consolidated profit recorded for the year ended 31 December 2012. The financial performance of the group for the year 2013 was mainly affected by the factors: the lack of the one-off gain derived from negative goodwill arising from the completion of acquisition of several subsidiaries by the Group in fiscal year 2012 of approximately HKD 122.23 million; and the segment result from the Group's bulk commodity trade business for fiscal year 2013 substantially decreased as compared to fiscal year 2012.